Price of a barrel of Kuwaiti crude oil rises by $3.12 to reach $101.22

The price of a barrel of Kuwaiti crude oil rose by $3.12 to reach $101.22 per barrel in Monday’s trading, compared to $98.10 on Friday, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude futures rose by $1.03 to reach $97.31 per barrel, while West Texas Intermediate (WTI) crude futures in the United States increased by $1.17 to reach $92.65 per barrel.